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  3. Study Set
    Fundamental Accounting Principles Study Set 5
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    Exam 11: Current Liabilities and Payroll Accounting
  5. Question
    A Liability Does Not Exist If There Is Any Uncertainty
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A Liability Does Not Exist If There Is Any Uncertainty

Question 160

Question 160

True/False

A liability does not exist if there is any uncertainty about whom to pay, when to pay, or how much to pay.

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